Main Password: Strategy establishes US dollar cash reserves, main team trades $100 million to bet on this direction

On August 24, Ethereum research and development lab Ethlabs announced that engineer Mislav has joined the team. He will focus on platform-level work to drive the development of Ethereum and the ETH ecosystem, with an emphasis on accounts, interoperability, and the integration of protocols and products. Mislav has been involved in the Ethereum ecosystem since 2016, co-authoring early EVM development books and founding two companies. Mislav will address the gap between Ethereum research and product implementation, including improving self-custody experiences, cross-chain interoperability, and coordination between application layers and underlying protocols. Ethlabs aims to make Ethereum as a whole more user-friendly.

CME Group has included Ethena's ENA token in its cryptocurrency benchmark index. （Cointelegraph）

According to TradingBeats monitoring, Loracle sub address 0xefe4... 194b ranks first on the Hyperliquid xyz: GOLD position list, holding 12801.96 xyz: GOLD long positions with a value of $59.8953 million and a floating profit of $6.351 million; Simultaneously holding 15567.34 xyz: SNDK short positions with a value of $22.5929 million and a floating profit of $370300. The total value of the two major positions at this address is 82.4881 million US dollars, with a total floating profit of 6.7213 million US dollars.

According to the Associated Press, Ontario Governor Doug Ford stated that if the US Canada trade war escalates, Canada should be prepared to cut off power and critical mineral supplies to the United States, including strategic resources such as high-grade nickel and uranium. He also said that all options are on the table and that if the situation worsens, not a single grain of sand will leave Ontario.

[BIT-related address reduces holdings by 14,000 ETH, still holds $25.24 million in long positions] According to on-chain data, BIT-related address 0xa5b0…1d41 reduced holdings by 14,000 ETH, valued at approximately $34.15 million. The remaining ETH long position at this address is approximately $25.24 million, with an average entry price of $2,340.86 per ETH. The current remaining position has an unrealized profit of approximately $1.83 million.